2022-2-24 21:56 |
While projects cannot wholly prevent bad actors from infiltrating the DeFi realm, security specialists say there are ways to deter such practices.
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Multisignatures are a good security practice for defi projects, but they are not a panacea that can be relied on without reservation.
2024-2-27 14:25 | |
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ETHLisbon Hackathon winners Hackless has designed a comprehensive security platform which aims to protect the decentralized finance (DeFi) world from targeted exploits, as well as...
2022-8-12 09:35 | |
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Two blockchain security firms have warned that the creators of a DeFi contract on the EOS network may have fled with users' funds.
2020-9-9 12:48 | |
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DeFi platform, UMA Protocol has recently launched a Bitcoin-backed "Yield Dollar" alongside a three-asset yield farming incentive.
2020-9-8 10:06 | |
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1st September 2020, Hong Kong – Multiplier DeFi protocol has successfully completed a full audit by leading blockchain-based form verifier, and cyber security expert Certik. Following approval for its advanced blockchain protocol, Multiplier will commence its DeFi beta release on 2nd September 2020, with the MainNet to follow immediately after.
2020-9-2 02:30 | |
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Bitcoin Press Release: Following a successful audit, Multiplier protocol announces its beta release, as it looks to roll out simplified stable bonds. 1st September 2020, Hong Kong – Multiplier DeFi protocol has successfully completed a full audit by leading blockchain-based form verifier, and cyber security expert Certik.
2020-9-2 16:01 | |
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IDEX has chosen to take a more traditional approach to security.
2020-8-28 23:58 | |
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Singapore, August 27, 2020 — Decentralized data network Bluzelle has released details of a new oracle intended to enhance security for DeFi projects as well as to interact with fully decentralized databases.
2020-8-27 19:14 | |
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Coinspeaker Bluzelle Reveals Decentralized Oracle to Enhance DeFi Project Security and Price ReliabilityDecentralized data network Bluzelle has released details of a new oracle intended to enhance security for DeFi projects as well as to interact with fully decentralized databases.
2020-8-27 18:24 | |
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The exponential rise of decentralized finance (DeFi) in the crypto industry has run alongside the increasing popularity of decentralized exchanges (DEX). This hardly comes as a surprise as DEXes not only offer several benefits over the traditional centralized exchanges (CEX), such as user-custody of funds, privacy protection, and robust security mechanism but also stay trueRead MoreRead More.
2020-8-19 08:21 | |
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Ontology has announced the launch of its new decentralized solution. The network unveiled this news via a blog post on August 11, noting that the solution would offer crypto adopters more security.
2020-8-18 17:00 | |
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Is Ethereum’s architecture to blame for the growth of decentralized finance hacks, and will the network upgrade make the sector more secure?
2020-8-13 18:30 | |
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The blockchain-powered advertising technology platform, AdEx Network has announced a major update that marks its foray into the DeFi space. It involves the deployment of an updated ADX token contract on the Ethereum network to enable token staking and security mining, along with availability of built-in flash loans.
2020-8-6 08:26 | |
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The latest solicitation from the SEC comes at a time the decentralized finance (DeFi) industry is booming, and the forensic tool will be vital in assisting the commission to monitor risk, security issues on these platforms, and improve compliance of these projects.
2020-8-5 16:31 | |
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The federal securities watchdog has taken an interest in DeFi's most basic building block.
2020-8-4 21:19 | |
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According to a leading blockchain security auditing firm, Cardano will become the second biggest DeFi platform behind Ethereum, dwarfing Tezos.
2020-8-4 23:07 | |
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The cryptocurrency industry has been about creating a new world of finance, one where people are in charge of their own money. Here, Bitcoin was supposed to be the alternative to the financial system,The post Bitcoin's security could be why DeFi building has been inhibited appeared first on AMBCrypto.
2020-7-25 11:30 | |
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Coinspeaker This Full-Stack DeFi Platform Adds User Privacy, Anonymity and InsuranceEverybody who deals with money wants to be as discreet as possible. PlutusDeFi, a new full-stack DeFi-As-A-Service solution, adresses security concerns and puts users' privacy and anonymity on the first place.
2020-7-16 11:34 | |
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The founder of blockchain security company Quantstamp, Richard Ma, said security is the biggest challenge for DeFi’s growth.
2020-7-9 13:15 | |
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Despite ongoing growth in the DeFi industry, security concerns remain in place today. Balancer, a project gained traction last week, has gone through a security incident over the weekend. Balancer is one of the DeFi projects gaining a lot of attention lately.
2020-6-30 19:35 | |
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San Francisco-based Hex Capital reported that “User funds being drained due to unauthenticated safeTransferFrom() function on their new BancorNetwork contract. ” Bancor then tried to “white-hat” drain user funds but were too late.
2020-6-18 19:33 | |
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DeFiner. org, a platform for digital savings, loans, and payments, has announced the integration of its decentralized finance (DeFi) network with Conflux Network, a next-generation blockchain protocol ensuring scalability, security, and extensibility.
2020-6-11 21:29 | |
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Decentralized Finance [DeFi] has been a hotspot for a lot of innovation in the recent past. However, the DeFi ecosystem has had to endure quite a few attacks lately, and issues pertaining to its securThe post For DeFi's security woes, is centralization even an option? appeared first on AMBCrypto.
2020-5-9 21:45 | |
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HTC has announced upgrades to its EXODUS blockchain smartphone to improve users’ experience. This includes SegWit and decentralized finance (DeFi) integration, as well as Stellar memo support to improve security and increase transaction speed.
2020-5-2 17:15 | |
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The DeFi ecosystem is getting a lot of attention by cryptocurrency enthusiasts. However, some new research has come to light regarding potential security issues. It is always crucial to keep an eye on security concerns raised by experts.
2020-3-25 06:00 | |
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The security platform for institutional digital assets Fireblocks has made the announcement that it’s integrating the decentralized finance (DeFi) platform for lending Compound, which is the second Ethereum (ETH) application in the world.
2020-3-18 23:25 | |
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Fireblocks, a digital asset security platform, today announced that it has integrated Compound, a decentralized finance (DeFi) lending platform with $163M in interest-earning assets across 8 markets.
2020-3-18 17:34 | |
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Digital asset security platform Fireblocks has partnered with Compound to be a branch for institutional players to put assets on the network
2020-3-17 16:45 | |
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Experts at London Blockchain Week say security is DeFi’s greatest challenge: “We used to have nerds attacking the system, now we have nerds with money”
2020-3-13 15:31 | |
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A recent smart contract exploit resulted in the loss of 1,193 ETH. The incident has prompted questioning of the security of the rapidly evolving DeFi sector. Over the weekend, the exploitation of a smart contract vulnerability forced developers at Ethereum-based app Fulcrum to partially disable its smart contract.
2020-2-23 19:10 | |
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The recent bZx exploit has the DeFi community searching for answers in the midst of a security crisis. Insurance is an efficient way to protect oneself against risk, and DeFi...The post Since bZx Exploit, Enthusiasts Flock to DeFi Insurance appeared first on Crypto Briefing.
2020-2-18 18:20 | |
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The world of decentralized finance has yet to be put through a big security audit. For bXZ, such an audit will come too late, as the DeFi protocol has already been hacked. Earlier today, news broke of an incident affecting bXZ.
2020-2-16 06:00 | |
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Opyn, a new DeFi product, has introduced an options-based insurance market for investors to hedge against black swan events and insure their Compound deposits. By leveraging options, the insurance mechanism...The post Amid DeFi Security Concerns, Opyn May Have an Answer appeared first on Crypto Briefing.
2020-2-13 11:24 | |
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Lending and borrowing crypto, a subset of DeFi applications, has quickly boomed into an almost billion-dollar industry. But does it pose a threat to Proof of Stake networks? The DeFi landscape includes lending protocols, security tokens, derivatives, and exchanges, and threatens to usurp traditional financial models into trustless protocols that leverage decentralized networks.
2019-12-9 22:25 | |
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Decentralized finance, popularly known as DeFi, has been one of the greatest use cases of the Ethereum network. With most of the DeFi applications developed on the Ethereum blockchain, DeFi has a totaThe post Ethereum's Buterin addresses potential threat to PoS security via DeFi appeared first on AMBCrypto.
2019-12-4 12:30 | |
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A security token offering for the Nervos Network could help a prominent Chinese bank tap into the DeFi ecosystem.
2019-10-8 17:00 | |
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Decentralized finance (DeFi): The industry of financial services built on the blockchain for the purpose of removing consumers’ dependency on the banking system, enhancing financial security, and expanding consumers’ financial capabilities.
2019-3-28 18:00 | |
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DeFi services have the potential to make managing finances easier than ever before: We’ve entered the era of programmable financial instruments. DeFi promises us complete control over our funds, stronger security infrastructure, seamless payment functionality, and investment options previously only […] The post The Biggest Barrier to Building in DeFi appeared first on CoinMarketCap.
2019-3-25 18:00 | |
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As anxiety grows around every new twist and turn in the ongoing QuadrigaCX drama, along with extensive QuadrigaCX media coverage, Canada’s mainstream media has been calling on the government to bring in better oversight and regulation of cryptocurrency businesses, especially cryptocurrency exchanges.
2019-3-20 18:42 | |
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In a chilling development on Halloween Day, the crypto community was hit with disturbing news as PeckShield, a renowned blockchain security company, revealed a series of rug pulls over the past few hours.
In what appears to be another rug pull in the decentralized finance (DeFi) space, the team behind Chibi Finance has absconded with more than $1 million worth of various assets. Following the protocol’s launch earlier today, users’ funds were swiftly transferred to an Ethereum address and converted to Ether. A “rug pull” is a term […]
Behind every PFP with thousands of followers on Twitter is a person. And in Web3, it’s not always best to trust one person’s word on whether or not to mint into an NFT collection.
The 13th anniversary of the first bitcoin transaction has taken a nefarious turn with meme coin issuers profiting over $200,000 from pizza-related rug pulls.
A rogue developer behind the hyped launch allegedly conducted the rugpull on Wednesday.
Research done by internet sleuth ZachXBT indicates that the "Crank That" rapper has promoted dozens of NFT projects on social media, some of which turned out to be rug pulls.
Blockchain security firm Peckshield shared the stats on Halloween night, but also added the month saw $100 million in crypto returned.